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    2Nd St Zimmerman, MN 55398

    Sponsored
    For Sale
    $298,061

    Zimmerman, MN Retail & Residential Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents two commercial lots totaling 1.61 acres in the thriving Zimmerman, MN market. Strategically located off US Highway 169 and Fremont Avenue Northwest, these lots boast high visibility to over 32,000 vehicles daily, ensuring maximum exposure for any development. The property benefits from convenient two-turn access from both major roadways, providing easy ingress and egress. Situated adjacent to an established shopping center anchored by Z Market Grocery, and complemented by Warzecha Autoparts and Royal Performance Company Dance Studio, this location offers immediate access to existing customer traffic. The area is experiencing significant residential growth, with new luxury apartments within walking distance, creating a strong potential customer base. Zoned C-2, the lots are ideally suited for a variety of commercial uses. Completed site plans are available, supporting a 15,000 square foot building on one lot and a 4,692 square foot building on the other. The asking price for Lot 1 (70,132 square feet) is $298,061, representing a price per square foot of $4.25. This presents a rare chance to capitalize on the rapid development and high visibility of this prime Zimmerman location. The property's APN is 95-469-0115. This is a turnkey opportunity for investors seeking high-return potential in a rapidly growing community.

    Property Features for 0 2Nd St

    General Information

    Property type
    Lifestyle centers
    Lot Size
    70,132 SF

    HighLights

    • High visibility from MN State Highway 169 and Fremont Avenue Northwest, with over 32,000 vehicles daily.
    • Located in rapidly developing Zimmerman, MN, near new luxury apartments.
    • Easy ingress/egress with two‑turn access from major roadways.
    • C‑2 zoning allows for various commercial uses.
    • Adjacent to a shopping center anchored by Z Market Grocery.
    • Completed site plans for a 15,000 SF building (Lot 1) and a 4,692 SF building (Lot 2).
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Zimmerman
    County
    Sherburne
    State
    Minnesota
    Longitude
    -93.5870604
    Latitude
    45.4433301

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    Nearby Similar for Sale

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      Caribou Coffee Investment Opportunity

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    FAQs

    What type of property is this?
    Lifestyle center - Zimmerman, MN Retail & Residential Opportunity
    Where is this lifestyle center located?
    The property is located at 2Nd St Zimmerman, MN.
    What is the asking price?
    The asking price for this property is $298,061.
    What are key features of this property?
    This property features: High visibility from MN State Highway 169 and Fremont Avenue Northwest, with over 32,000 vehicles daily.; Located in rapidly developing Zimmerman, MN, near new luxury apartments.; Easy ingress/egress with two-turn access from major roadways.
    Request Owner's contact information
    2Nd St Zimmerman, MN 55398
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2Nd St Zimmerman, MN 55398
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